KeyBanc analyst Jackson Ader raised the firm’s price target on ServiceNow (NOW) to $1,040 from $1,020 and keeps an Overweight rating on the shares. The firm notes the results in the quarter and conference call commentary on net-new ACV from previously lagging sectors and the adoption curve of AI products are enough to keep KeyBanc positive on the name and raise its price target for the second time in under a week.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NOW:
- ServiceNow price target raised to $1,000 from $850 at Piper Sandler
- ServiceNow price target raised to $1,025 from $1,000 at TD Cowen
- ServiceNow price target raised to $975 from $900 at Baird
- ServiceNow price target raised to $913 from $906 at Bernstein
- ServiceNow price target raised to $1,050 from $1,025 at Wells Fargo